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Apex N-Flats 16.46ac OWC Terms 20,000 SF BTS WH

20,000 SF 100% Leased Industrial Building Las Vegas, NV 89124 £5,207,987 (£260/SF)

Investment Highlights

  • OWNER WILL FINANCE UP TO 70% @ 6.50% IR, 10 years w/monthly payments!
  • Apex Owners Association Master annual Fee:  $258.26 ($15.69+/- /developable acre) 
  • Lat & Long : 36.40218206,-114.93186943
  • Owner will provide an approximate 20,000SF warehouse building or sell land as is with negotiated appropriate price offset.
  • RE Property Taxes : $5,496.01 (2024-2025) North Las Vegas, NV
  • M-2 zoning - City of North Las Vegas, Apex Industrial Park (Heavy Industrial allows outside storage & manufacturing)

Executive Summary

OWNER WILL FINANCE UP TO 70% @ 6.50% IR, 10 years w/monthly payments! Price includes a 20,000 SF Warehouse Building (design TBD), temporary water & power (waste water holding tank & power generator), provided by Seller; engineered improved road access to & from the frontage road paralleling US Hwy-93; recent June 2022 ALTA Survey w/Topo Map.
Owner may subdivide and provide O/WH Bldg on smaller 2+/- acre lot for negotiated price.
 Seller will also consider the following:
Office-Warehouse: List Price $4,000,000.00: includes 20,000 SF Office-Warehouse (design TBD), 1.46 gross acres of land to accommodate same, temporary water & power (i.e. waste water holding tank & power generator), engineered improved road access to & from the frontage road via NDOT Encroachment Agreement & easement now in progress of approval; OWC terms: Down Payment of 30% ($1,200,000), LA $2,800,000 at 6.5% Interest Rate; Monthly payments include interest only at $15,167 +/- per month for a 10 year term; min of 9 months payments to be made
OR,
15 gross acres of vacant land: List Price $2,656,000.00 (+/- $177,066 per acre); 
OWC terms: Down Payment of 30% ($796,800, LA $1,859,200) at 6.5% Interest Rate; Monthly payments include interest only at $10,071 +/- per month for a 10 year term; min of 9 months payments to be made
OR,
16.46acres land + 20,000 SF Office-Warehouse & improvements as per above priced at $6,656,000.00
OWC terms: Down Payment of 30% ($1,996,800), LA $4,592,000 at 6.5% Interest Rate; Monthly payments include interest only at $24,873 +/- per month for a 10 year term; min of 9 months payments to be made
Apex Owners Association Master annual Fee:  $258.26 ($15.69+/- /developable acre) 
M-2 zoning - City of North Las Vegas, Apex Industrial Park (Heavy Industrial allows outside storage & manufacturing).
Apex is undergoing massive development at this time! Commercial/Industrial Developers are joining the following businesses at Apex Industrial Park: Hyperloop One; Love's Travel Stop, fast foods & RV/Boat storage; Multiple natural gas fired 500, 600 & 1,100 MW power generating facilities (LS Energy, NV Energy, NEXTera energy & multiple solar facilities); H&R REIT's 900± acre future development; the Mountain View Industrial Park (3,000± acres); Georgia Pacific; Lhoist North America; Chemical Lime; Southern Nevada Operating Engineers; future 81.50± acre Werner Trucking hub, and more!
Utilities include Municipal water via City of North Las Vegas (MAJOR infrastructure expansion now underway-water & sewer); Natural gas via SW Gas & Kern River transmission lines; power distribution via NV Energy; Sprint, CenturyLink / Level 3 Fiber Optic Sprint, CenturyLink & Level 3 Fiber Optic [Large fiber cable (288 fiber) w/plenty of spares in place! High speed data & narrow band can be provided too (Both SONET and Ethernet services - the equipment can provide up to 100Gig, with the proper cards).
Investment in infrastructure:
https://digital.olivesoftware.com/Olive/ODN/ReviewJournal/shared/ShowArticle.aspx?doc=LVRJ/2023/06/11&entity=Ar07301&sk=A3596CFD&mode=text
Giant industrial project in works for North Las Vegas:
https://www.reviewjournal.com/business/giant-industrial-project-in-works-for-north-las-vegas-2897621/
2024-2025 RE Taxes: $5,496.01

Property Facts

Price £5,207,987
Price Per SF £260
Sale Type Investment
Sale Conditions Design & Build
Property Type Industrial
Building Class B
Lot Size 16.46 AC
Construction Status Proposed
Rentable Building Area 20,000 SF
Number of Floors 1

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
103-10-010-010
Land Assessment
£392,711
Improvements Assessment
£0
Total Assessment
£392,711

zoning

Zoning Code M-2
M-2
  • Listing ID: 31074892

  • Date on Market: 28/02/2024

  • Last Updated:

  • Address: Apex N-Flats 16.46ac OWC Terms 20,000 SF BTS WH, Las Vegas, NV 89124

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